AUSTRALIAN AIRLINE
Date: 11 June 1999
By Bloomberg News
Bloomberg News
News Ltd, Australian arm of News Corp, suspends talks on selling its 50 percent stake in Australian airline Ansett to Singapore Airlines for $315 million; Air New Zealand has pre-emptive right to buy stake and has indicated it wants to do so (S)
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Judge Upholds Claim Against TV Station
Date: 11 June 1999
New Jersey Superior Court Judge Isabel B Stark upholds jury verdict in case of Sara Lee Kessler, former WWOR-TV anchorwoman who was demoted and forced to take disability leave after she was injured, but reduces amount of money she will receive from $7.3 million to $7 million (S)
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FORD IN DEAL FOR ADMINISTRATOR OF SERVICE CONTRACTS
Date: 11 June 1999
By Bloomberg News
Bloomberg News
Ford Motor Co says it agreed to buy Automobile Protection Corp for $180 million as part of its push to keep customers after they buy Ford car or truck; company is the administrator of service contracts sold mainly through dealerships (S)
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ION BEAM AGREES TO PURCHASE OF STERIGENICS
Date: 12 June 1999
By Bloomberg News
Bloomberg News
Ion Beam Agrees To Purchase of Sterig
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MESSAGEMEDIA ANNOUNCES 2D ACQUISITION THIS WEEK
Date: 11 June 1999
By Bloomberg News
Bloomberg News
Messagemedia Inc says it will buy Decisive Technology for $50 million in stock to enable its clients to monitor feedback from their customers (S)
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KIMBERLY-CLARK IS SELLING 460,000 ACRES OF TIMBERLAND
Date: 11 June 1999
By Bloomberg News
Bloomberg News
Kimberly-Clark Corp to sell 460,000 acres of timberlands in Alabama, Mississippi and Tennessee for about $400 million; buyer is Joshua Management LLC (S)
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JAPAN'S SOFTBANK TO GET 30% OF GLOBAL SPORTS
Date: 12 June 1999
By Bloomberg News
Bloomberg News
Japan's Softbank To Get 30% of Global
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ARRIVA IN DEAL TO SELL ITS AUTOMOTIVE BUSINESS
Date: 12 June 1999
By Bloomberg News
Bloomberg News
Arriva PLC agrees to sell its automotive fleet-management business to General Motors Acceptance Corp, finance unit of General Motors Corp, for 235 million pounds ($376 million); GMAC will also assume $445 million (US) in debt (S)
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EMI SWAPS LICENSING DEAL FOR 50% OF MUSICMAKER.COM
Date: 11 June 1999
By Bloomberg News
Bloomberg News
EMI Group PLC says it bought 50 percent of Musicmaker.com in return for five-year license to put EMI recordings on Musicmaker CD's; terms not released (S)
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